Oberoi

Oberoi is known as the man who changed the face of hotel industry in India. He has left behind a legacy of impeccable hospitality

EIH: Is the quality hotel stock worth a look at this juncture?

With improved vaccination, the hotel industry is expected to reach pre-COVID levels by FY23

COVID-19 impact | No cancellations for hotel bookings from Sept: Oberoi Group

Oberoi Hotel guests have not cancelled bookings for period starting September in the hope of improvement in conditions

European infra major A&M Group enters India in joint venture with Oberoi Group

The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group and will be formed as a consortium in association with the Nasdaq-listed American conglomerate Polaris Energy Resources.

Note ban will force real estate industry to mature: CRISIL

The research agency said that while demonetisation would have a positive impact in the long run, it would "serious pinch'' the sector in the short term.

EIH Q3 net up 8% at Rs 54.31 crore

Hospitality major EIH, which runs hotels and resorts under Oberoi and Trident brands, today reported 8.29 per cent rise in its standalone net profit to Rs 54.31 crore for the third quarter ended December 31, 2016.

Expect realty sector to rebound in 3-6 months: Morgan Stanley

Speaking to CNBC-TV18. Baisiwala said realty prices had remained more intact in Tier-1 cities and it would be advisable to bank on established names in the sector.

When Taj and Oberoi hotels worked together to host a wedding!

A wedding dinner scheduled at the renovated Taj hotel in Mumbai shortly after 26/11 had to be shifted at the eleventh hour despite the food being ready to the Oberoi hostel due to a fire, making it a rare occasion when the two business rivals worked together.

EIH September quarter net plunges 59% to Rs 3.8 crore

Its net sales were down 8.87 percent at Rs 272.56 crore during the quarter under review as against Rs 299.10 crore in the same quarter of the previous fiscal.

EIH logs Q1 net loss at Rs 12.24 cr

The company had posted a net profit of Rs 21.15 crore for the corresponding period of the previous fiscal, EIH Ltd said in a filing to BSE.

Prime Property: Delhi's Oberoi Hotel to shut doors for two years

The fifty-one-year-old hotel to shut for restoration. Here is a glimpse of a day spent in the Oberoi Hotel's last day with ace hotelier PRS Oberoi.

Indian Business Icons: Legendry hotelier PRS Oberoi

Prithvi Raj Singh Oberoi, Chairman of East India Hotels, a leader who at 86 is still hands-on with building and expanding his hotels business. He has always maintained that he doesn‘t want the Oberoi Group of Hotels to be the biggest but he certainly wanted to be the best.

EIH Q3 net up 6.33% at Rs 43.62 crore

Hospitality major EIH Ltd, which runs hotels and resorts under Oberoi and Trident brands, today reported a 6.33 percent rise in standalone net profit at Rs 43.62 crore for the third quarter ended December 31, 2014.

Pak's suicidal desperation solely to prevent India's rise?

The mere fact of India's rise - and not who rules India - makes the Pakistani army, which feeds itself on the weakening udders of the Pakistani state, see enough justification to cause mayhem in India. Pakistan can attack an India ruled by a weak Manmohan Singh as well as a stronger Modi.

EIH Q1 net up nearly 12% at Rs 10.55 cr

Total income of the company stood at Rs 271.16 crore for the quarter under consideration as against Rs 246.03 crore for the same period year ago, it added.

EIH net declines 40% to Rs 27cr on slowdown

EIH had posted net profit of Rs 45.13 crore in the same quarter previous fiscal. Total income during the quarter under review stood at Rs 352.62 crore as against Rs 331.31 crore in the same period a year ago.

EIH to manage Reliance property in Navi Mumbai

East India Hotels (EIH), which owns and manages the Oberoi and the Trident brand hotels, would enter into a management contract with Reliance for the latter's property in Navi Mumbai, chairman P R S Oberoi said today.

Hilton checks in: Plans for 50 more hotels in India

Two joint ventures later, hospitality major Hilton is set to make a big play for the Indian market.

Rich tributes paid to martyrs on third 26/11 anniversary

Rich tributes were today paid to the 26/11 martyrs on the third anniversary of the Mumbai terror attacks by Maharashtra Governor K Sankaranarayanan, Chief Minister Prithviraj Chavan and a host of other leaders.

Nifty unlikely to sustain above 5300: Morgan Stanley Wealth

August bought with it one of the worst series for markets worldwide, but luckily, it looks like this month is going to much better for equities. However, Gaurav Doshi of Morgan Stanley Private Wealth Management India says that he finds it difficult to predict how markets will behave this month.

Raymond may sell Thane land for around Rs 2250 cr

Raymond may sell Thane land (125 acres) for around Rs 2,250 crore, instead of developing it. Oberoi, Peninsula, Runwal GRP are leading in race for Raymond Land, reports CNBC-TV18, quoting sources. It touched an intraday high of Rs 373.50 and an intraday low of Rs 353. At 13:53 hrs the share was quoting at Rs 371.25, up Rs 15.30, or 4.30%.

Vikram Oberoi: The next chief?

The Oberoi Group has invested Rs 400 crore in its latest luxury hotel in Gurgaon. Spread across nine acre, the launch of the new property was overshadowed by speculations on who will succeed the 82-year old hotelier PRS Oberoi, or Biki as he is called by friends. CNBC-TV18's Nayantara Rai visited the new Oberoi Gurgaon and here's what she found.

TDR rates fall to Rs 2500-2600/sq ft across Mumbai

Transfer of development rights (TDR) prices in Mumbai have softened by 15-20% across areas in the current quarter. Market sources told CNBC-TV18's Priyanka Ghosh that prices have fallen to an average of Rs 2,500-2,600 a square foot this quarter from Rs 3,000 a square foot last quarter.

EIH settles insurance claims; 1-time loss of Rs 30.28 crore

Hotels operator EIH, which runs Oberoi and Trident chains, said late on Thursday it would report a one-time loss of Rs 3027.9 crore in Jan-March on settlement of insurance claims.